NEIGHBORHOOD DEVELOPMENT ALLIANCE INC

SAINT PAUL, MN, 55107-1142 (651) 292-0131 Est. 1989 EIN 41-1658636

S200 - Community Improvement 990 - Public charity return 501(c)(3)

www.nedahome.org

Mission

NEDA IS A NONPROFIT COMMUNITY DEVELOPMENT CORPORATION WHOSE MISSION IS TO STRENGTHEN THE VITALITY OF LOW-INCOME NEIGHBORHOODS WITHIN THE CITY OF ST. PAUL, BY CREATING AND PRESERVING HOUSING AND BUSINESS OPPORTUNITIES FOR RESIDENTS OF ALL INCOME LEVELS. NEDA HAS EXPANDED THAT MISSION TO SERVE THE 7-COUNTY METRO AREA - WITH A FOCUS IN MINNEAPOLIS AND ST. PAUL - IN REGARDS TO ITS HOMEOWNERSHIP COUNSELING AND FINANCIAL LITERACY PROGRAMS.

Financials

Total Revenue

$1,788,211

Total Expenses

$2,870,761

Net Assets

$-583,019

9 employees 36 volunteers

From latest filing (tax period ending 2025-06-30)

Financial Health

Operating Reserve

2.4 months deficit Deficit

Net assets / monthly expenses

Year-over-Year Change

Revenue ↓ 41.3%

Expenses ↑ 4.5%

Revenue Sources

Contributions 47.3% Earned revenue 49.1% Investment 3.5%

Expense Breakdown

Program 91.1% Management 8.1% Fundraising 0.8%

Officers & Key Employees (7)

Individual compensation is available on Grow plans.

Grants Received (46)

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Filing History (7 filings)

Year	Revenue	Expenses	Net Assets
2024 990 - Public charity return Jul 1, 2024 to Jun 30, 2025	$1,788,211 ↓	$2,870,761	$-583,019
2023 990 - Public charity return Jul 1, 2023 to Jun 30, 2024	$3,045,536 ↑	$2,747,197	$499,531
2022 990 - Public charity return Jul 1, 2022 to Jun 30, 2023	$1,853,808 ↑	$1,653,528	$201,192
2021 990 - Public charity return Jul 1, 2021 to Jun 30, 2022	$1,241,248 ↓	$1,555,470	$912
2020 990 - Public charity return Jul 1, 2020 to Jun 30, 2021	$1,685,133 ↑	$1,458,986	$261,250
2019 990 - Public charity return Jul 1, 2019 to Jun 30, 2020	$1,063,134 ↓	$1,400,858	$35,103
2018 990 - Public charity return Jul 1, 2018 to Jun 30, 2019	$1,361,627	$1,425,038	$372,827